GRI has been the topic of a number of other reports. Jefferies Group cut their price objective on Grainger PLC from GBX 215 ($2.81) to GBX 199 ($2.60) and set a hold rating on the stock in a research note on Friday, August 19th. JPMorgan Chase & Co. lowered Grainger PLC to a neutral rating and cut their price objective for the stock from GBX 285 ($3.72) to GBX 270 ($3.52) in a research note on Tuesday, September 6th. Finally, Numis Securities Ltd reaffirmed a buy rating and issued a GBX 300 ($3.92) price objective on shares of Grainger PLC in a research note on Friday, June 10th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Grainger PLC currently has a consensus rating of Hold and an average target price of GBX 265.43 ($3.46).
Shares of Grainger PLC (LON:GRI) opened at 231.00 on Friday. The firm’s market cap is GBX 956.11 million. Grainger PLC has a 12-month low of GBX 193.00 and a 12-month high of GBX 253.00. The stock has a 50 day moving average price of GBX 229.25 and a 200 day moving average price of GBX 224.95.
In other news, insider Nick Jopling acquired 192 shares of the firm’s stock in a transaction dated Monday, October 3rd. The stock was purchased at an average price of GBX 233 ($3.04) per share, for a total transaction of £447.36 ($583.94). Also, insider Jopling ,Nick acquired 204 shares of the firm’s stock in a transaction dated Wednesday, August 3rd. The shares were purchased at an average price of GBX 219 ($2.86) per share, with a total value of £446.76 ($583.16).
Grainger PLC Company Profile
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